MR > SR 10% > 9% Discount In order to provide funding for its Accounting Lovers' Center project. Harris Development issued bonds with a fuse mount of S520.000 on November 1, 2021. SR The bonds sold for $475,389, a price to yield the market rate of 10% n-40 MR The bonds mature October 31, 2041 (20 years) 91 i : 4.5 Interest is paid semiannual Don April 30 and October 31 and is determined using the effective interest method. The fiscal year ends December 31 for Harris Development. Required: 1. Prepare an amortization schedule through 4/30/24 and record any necessary journal entries from issuance of the bonds at 11/1/21 to 12/31/23 4:52 Sb 1 FVxR% CVXMK+% Date convalue interestexp Amort USC. Discount bal. corrving value 11/21 44.611 415,389 4/30/21 23,400 23.769 369 44.242 475758 10/31/21 23,400_23,788 388 43.854_476,140 4 (30122. 23.4.00 23,201 407 43,447 474,533 10 131/22 23,400.23 828 428 43,019 476, 961 44% 4257 471,409 470 48101 4879 494 41,607 1478, 373 475,389 DISC. BIP 44,611 520,000 4130123 23,400 23,848 10/31/23 23,400 23,870 12/31/23 23,400 23,894 1121 cash 4. What amount of interest expense related to the bonds will Harris report in its income statement for the year ending December 31, 2022? 1992